Bel Fuse (BELFA) affiliate notifies sale of 3,444 vested Class B shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Bel Fuse Inc. submitted a Form 144 notice proposing the sale of 3,444 shares of Class B Common Stock. The filing lists an aggregate value of $688,800.00 and indicates trading on NASDAQ. The shares derive from an RSA grant dated 03/15/2024 that vested on 03/15/2026.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies intent to sell 3,444 vested RSA shares valued at $688,800.00.
Form 144 is a required notice for proposed sales by affiliates under resale rules. The filing identifies 3,444 Class B Common Stock shares tied to an RSA grant dated 03/15/2024 that vested on 03/15/2026.
Cash‑flow treatment and whether the sale is open‑market or another method are not specified in the excerpt; subsequent filings or broker reports would show execution details.
FAQ
What does Bel Fuse's Form 144 disclose about the transaction?
The Form 144 discloses a proposed sale of 3,444 Class B Common Stock shares with an aggregate value of $688,800.00. It ties the shares to an RSA grant dated 03/15/2024 that vested on 03/15/2026.
Who is the broker listed for the proposed sale?
The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services at 1 New York Plaza, New York. The excerpt pairs the broker with the securities and proposed sale notice.
Does the filing state how much cash the issuer receives?
The excerpt shows an aggregate dollar value of $688,800.00 for the shares, but it does not state who will receive proceeds or any use of proceeds; proceeds treatment is not specified in the provided content.